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James Iles

Top Topics: My First $1,000 Sale; A Legal Letter Claiming Wrongful Acquisition...

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By James Iles, May 25, 2018
  1. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    It's May 25th, which means that GDPR goes into effect today. Aside from DomainGang being unavailable to European readers, a number of news sites such as LA Times and Chicago Tribune are blocked for those in Europe. Britain's Nominet has also taken all WHOIS offline, which means it'll be a little more difficult to track down owners of .CO.UK domains from now on.

    If you are putting a domain name up for sale, it will be more important than ever to clearly indicate to any visitors that the name is for sale, alongside a means of contacting you.

    Here are this week's Top Topics.

    Block-Chain.com Has Been Acquired for $1 Million

    This sale has not been independently verified, but there is a report on News BTC that has caught the attention of many domain investors. According to reports, Block-Chain.com has been acquired for $1 million.

    If true, the sale would be one of the largest crypto related sales ever. Domain investors have been reacting to this sale in this discussion.

    Topic by: @xseoco

    rsz_tt24.jpg

    My First $1,000 Domain Sale

    For new domain investors, a $1,000 sale can be a great milestone to achieve. In this case, a domainer has shared details of their first ever four-figure sale, which was conducted via Sedo.

    According to the discussion, the two-word .COM domain was registered seven months ago and was the subject of a $150 opening offer, which was countered by the domainer with a $1,500 offer. Eventually, a fee of $1,000 was agreed upon.

    Topic by: @Sumeeth


    Respond Or Make Them Wait?

    How do you respond to an inbound inquiry? When conducting outbound sales, prompt replies are usually best but are the rules different for inbound inquiries? Should you reply promptly, or make the interested party wait?

    That is what is being established in this discussion with varying responses from investors.

    Topic by: @hwgriffi


    A Legal Letter Claiming Wrongful Acquitision

    After receiving a letter from a US attorney, this domain investor is looking for advice. According to the discussion, the attorney claims that a domain acquired by the investor was wrongfully transferred away from their client's account.

    As usual, many domainers have given their opinions based on their own experiences. How would you react to this letter?

    Topic by: @Netmunch


    Sedo's Self Verification

    Thanks to the aforementioned GDPR, many companies have had to make changes to how they operate. Domain marketplace Sedo have sent out an email to its clients with instructions on self-verification of domain names.

    Since so many domain investors use Sedo as a platform to sell their names, it is an important move for the industry that is being discussed in depth here.

    Topic by: @MapleDots



    Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending!
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. James Iles

    About The Author — James Iles

    Writer for NamePros.com. For all inquiries relating to stories and interviews, please email: [email protected]

    This is James Iles's 540th blog post on NamePros. View all blog posts

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  5. Comments (7)

  6. DOMAIN ILLUMINATI

    DOMAIN ILLUMINATI Owner of ▲ the most expensive domain of all time. Gold Account

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    I don't believe that "block-chain.com" got sold for 1,000,000.00 USD although it is "published".
     
  7. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    We haven’t independently verified the sale (as mentioned above), just reporting on one of the top Topics of the week
     
  8. DOMAIN ILLUMINATI

    DOMAIN ILLUMINATI Owner of ▲ the most expensive domain of all time. Gold Account

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    I know, I just published my opinion.
     
  9. bulkdomainz

    bulkdomainz Established Member

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    Anyone know why those websites are blocked for EU Audience?
     
  10. BaileyUK

    BaileyUK Established Member

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    'Compliance' with GDPR is going to be an issue for major companies, Particularly those with their own legal depts. ie, those that will advise 'restricted access' until any issues are internally identified

    I personally believe there is a lot of over-emphasis on the personal date restrictions that have come into force. Had these been in force from the start of the internet, It wouldn't have changed anything in regards to Company ID's and domain names.

    lets face-it there has been an abundance of abuse of personal data stored on the internet. - though most of the Internet savvy have just become tolerant. I believe the care is about the older generation being more subject to targeted emails etc - and the 'illegal' sharing of data becoming the norm
     
  11. Golden Gondola

    Golden Gondola New Member

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    Very good post. Thanks for share.

    Thanks & Regards,
    Golden Gondola
     
  12. rickypham

    rickypham Established Member

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    Wow, that's great sale for seller.
     
Lysted
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